Zoetis, Newly Spun Off From Pfizer, To Join S&P 500

As we have written about previously, Pfizer(PFE), after conducting an IPO of 20% of Zoetis(ZTS) in January, has launched an exchange offer whereby shareholders may elect to exchange their Pfizer shares for Zoetis shares.  The offer is expected to be completed this week, and, as a result, the S&P has decided that it is time for Zoetis to… Read More »